Crypto Platform Suspends Operations After Wallet Breach Reports
19.09.2024 22:00 1 min. read Alexander Stefanov
The Block reports that the Banana Gun team is currently investigating reports of a user wallet breach and has temporarily shut down the platform.
Several community members have reported that wallets linked to the Banana Gun Telegram bot have been compromised, resulting in drained assets.
One community member, known as yannickcrypto.eth, stated that approximately 563 ETH (about $1.4 million) has been stolen so far, affecting 36 victims.
However, they noted that there isn’t enough evidence to confirm that Banana Gun itself was hacked.
READ MORE:
SEC Charges Company Over $1B Crypto Fraud
In response, the Banana Gun team has announced on Telegram that they are looking into the situation and have taken the bot offline.
While the incident has raised alarms among users, experts are advising caution when using the Banana Gun platform.
-
1
Cybercriminals Exploit GitHub to Distribute Crypto Malware
26.02.2025 20:00 2 min. read -
2
Gotbit Founder Extradited to U.S. Over Alleged Crypto Market Manipulation Scheme
27.02.2025 14:00 2 min. read -
3
Bybit’s Biggest Hack: What Investigators Have Found
04.03.2025 22:00 1 min. read -
4
India Intensifies Bitconnect Investigation, Seizing $190M in Crypto
16.02.2025 17:00 2 min. read -
5
Ex-Bank Staffer Pleads Guilty to Facilitating Fraud and Drug Money Laundering
15.03.2025 13:00 1 min. read
Ex-Bank Staffer Pleads Guilty to Facilitating Fraud and Drug Money Laundering
A former Bank of America employee has admitted to playing a role in an international money laundering network that funneled millions of dollars through fraudulent bank accounts, according to the U.S. Department of Justice (DOJ).
Argentine Lawyer Seeks Global Arrest Warrant for LIBRA Token Co-Creator
An international arrest warrant has been requested for Hayden Davis, co-creator of the LIBRA token, which became the center of a major political scandal in Argentina.
Ripple Co-Founder’s Wallet Compromised in $661 Million XRP Hack in 2024
Chris Larsen, the co-founder of Ripple, suffered a significant financial blow in 2024 when he lost over $661 million worth of XRP due to a security breach in the password management system LastPass.
Georgian Investor Faces Prison Amid Bitcoin Embezzlement Allegations
Venture capitalist and Mission Gate founder George Bachiashvili is now facing imprisonment in Georgia after a court revoked his bail.
-
1
Cybercriminals Exploit GitHub to Distribute Crypto Malware
26.02.2025 20:00 2 min. read -
2
Gotbit Founder Extradited to U.S. Over Alleged Crypto Market Manipulation Scheme
27.02.2025 14:00 2 min. read -
3
Bybit’s Biggest Hack: What Investigators Have Found
04.03.2025 22:00 1 min. read -
4
India Intensifies Bitconnect Investigation, Seizing $190M in Crypto
16.02.2025 17:00 2 min. read -
5
Ex-Bank Staffer Pleads Guilty to Facilitating Fraud and Drug Money Laundering
15.03.2025 13:00 1 min. read
